On January 26, Xinhua Finance, China Economic Information Agency, a subsidiary of Xinhua News Agency, and Yuanyuan Quantum jointly released the first quantum financial application, which was officially launched on the Xinhua Finance App.
The "Quantum Finance" application compilation album mainly covers the application of quantum computing in the direction of portfolio optimization, derivative pricing and risk analysis, and users only need to log in to the Xinhua Finance App on the mobile phone and visit the "Quantum Finance" in the "Application Bazaar" to experience the charm of quantum computing at their fingertips.
The picture comes from Origin Quantum
Zhang Hui, general manager of Origin Quantum, introduced to the surging news (www.thepaper.cn) reporter that the quantum financial application is provided to users through interface services, and users can directly access them through the Xinhua Finance App, and no personal information of users is collected during use.
Zhang Hui said that the "Quantum Finance" application compilation series provides services through the "Origin Sinan" quantum computer operating system and the "Origin Enlightenment" superconducting quantum computer, which realizes the organic combination of classical computers and quantum computers. Among them, through the heterogeneous computing engine that can uniformly manage classical and quantum computing resources, "Benyuan Sinan" intelligently utilizes computing resources, automatically allocates computing tasks, reasonably divides the classical and quantum computing tasks in the "quantum finance" application compilation album, and distributes them to different computing units according to the type of computing tasks, and finally summarizes the calculation results to the application compilation album and passes them to users.
The picture is from the official website of Origin Quantum
The "Quantum Finance" application compilation album currently has four main functions: portfolio optimization applications can enable users to obtain the optimal portfolio through quantum algorithms; quantum option pricing applications use quantum amplitude estimation correlation algorithms to accelerate option pricing using the classical Monte Carlo method to obtain a high-confidence price estimate; option strategy return expectation applications introduce quantum Monte Carlo algorithms to achieve a computational demonstration of expected return expectations for common option strategies The purpose of vaR value (that is, the value at risk of financial assets) is to use quantum computing to explore and solve financial risk control problems.
This is the first time that the mainland quantum financial application has accessed the mobile phone terminal, cooperated with the mainstream financial information platform, and provided services to the public, which is an important step in the civilianization of quantum computing applications.
Two days after the launch of the application, Zhang Hui told the surging news (www.thepaper.cn) reporter, "There have been financial institutions and individuals who have contacted our company through the official website of Origin Quantum, and put forward some ideas for future cooperation in the financial field, and our company is also actively docking." ”
Origin quantum superconducting quantum computer, picture from the origin quantum official website
In the future, Origin Quantum intends to connect the "Quantum Finance" application compilation album with the new generation of superconducting quantum computers and semiconductor quantum computers of Origin, which will not only increase the number of bits, improve the quality and operational accuracy of bits, but also update algorithms and applications.
In the financial field, quantum computing can efficiently analyze massive amounts of data, especially in non-structural data processing, which has great advantages and can be applied to financial engineering, quantitative trading, portfolio management and risk analysis. This is of great strategic significance for changing the overall ecology and competitive pattern of the financial industry in the future, for the country's financial security and the development of financial institutions.
The application of quantum computing is not limited to the financial field.
Quantum computer application field, picture from the origin of the quantum official website
Zhang Hui introduced that while developing quantum computers, the company pays more attention to exploring the application of quantum computing.
In terms of image recognition, Origin Quantum released the quantum image recognition application in February 2021 to develop and study quantum convolutional neural networks, effectively improving the running speed of image recognition (two classifications, multiple classifications) and reducing resource consumption.
In terms of chemical applications, Origin Quantum released the official version of the quantum computational chemistry software ChemiQ in July 2021. The software has broad and profound computational efficiency implications in areas such as chemical synthesis, drug discovery, materials design, and energy development.
In terms of artificial intelligence, Origin Quantum released the quantum artificial intelligence application QGAN in August 2021, demonstrating the generative adversarial network on a quantum computer, which has a speed advantage and spatial advantage over classical computers in the field of portrait repair, and proves the feasibility of quantum machine learning based on superconducting qubit technology.
In the future, quantum computing can be applied to more and more fields, from finance, biomedicine, to new chemical materials, aerospace, etc., or will present a "hundred flowers blooming" scene. At that time, the mainland and even the world will enter the real "quantum era", enjoying the high-speed convenience and security guarantee brought by quantum technology.